The answer is b location of markets
Answer: Loan
Explanation: In simple words, loan refers to lending of money by one entity or a group of entities to some other party. The individual or organisation taking the loan have to repay it in installments in a specified period. The installment repaid is a sum of principal and the interest charged.
In the given case, Lois borrowed money from a bank and is liable to repay that loan within a specified time period.
Hence from the above we can conclude that the correct option is B.
Answer:
The price of the stock today is $15.63
Explanation:
The three stage Dividend Discount model will be used to calculate the price of this stock as the dividends are growing at three different growth rates. These dividends will be discounted back to calculate the price of the stock today.
The price per share today under this model will be:
P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [Dn * (1+gC) / (r - gC)] / (1+r)^n
Where,
- D1 is the dividend expected for the next period of Year 1.
- gC is the constant growth rate or third stage growth rate that will last forever.
P0 = 1.25 / (1+0.2) + 1.25 * (1+0.4) / (1+0.2)^2 + 1.25 * (1+0.4) * (1+0.2) / (1+0.2)^3 + 1.25 * (1+0.4) * (1+0.2)^2 / (1+0.2)^4 +
[1.25 * (1+0.4) * (1+0.2)^2 * (1+0.08) / (0.2 - 0.08)] / (1+0.2)^4
The P0 = $15.625 rounded off to $15.63
Answer:
In 269th Payment the principal component is greater than half of the payment
Explanation:
Amortization schedule is attached please find it.
The loan payment includes the interest and principal portion. After deducting the interest on the due balance the residual amount is paid towards the principal.
Loan is paid per month, the amount of each payment can be calculated as follow:
Loan Payment per month = r ( PV ) / 1 - ( 1 + r )^-n
r = rate per period = 9% per year = 0.75% per month
n = number months = 30 years x 12 months per year = 360 Months
PV = present value of all payments = $420,000
P = payment per month = ?
P = 0.75% ( $420,000 x 90% ) / 1 - ( 1 + 0.75% )^-360
P = $3,041.47 per month
The education or educational programs which helps us to get the required practical and theoretical knowledge is called professional education. If we are provided with professional education it helps us to improve the lifestyle of people. We get job according to our knowledge. Which means if we have got professional education it helps us to get better job which provides us with good amount of money. And if we provided with better money our standard of living becomes good.
